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Andrew purchased a car for $19,500 the value of the car depreciates at a rate of 8.6% each year. which equation models the value of andrew car, y, after x years

Andrew purchased a car for $19,500 the value of the car depreciates at a rate of 8.6% each year. which equation models the value of andrew car, y, after x years
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Andrew purchased a car for $19,500 the value of the car depreciates at a rate of 8.6% each year. which equation models the value of andrew car, y, after x years

User Napseis
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If the value depreciates 8.6%, it is 91.4% of what it was the year before. The value can be modeled by
y = 19500(0.914)^x
User Dmitry Gusev
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